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Tue, 29 Nov 2022, 06:47 AM
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India’s retail CBDC project in its final stages and will undergo pilot testing in December

Bitcoin is designed to survive the failure of any giant in the crypto industry, says Samson Mow

The recent collapse of the crypto exchange FTX has sent crypto prices plunging with Bitcoin falling $16,000 at one point before recovering. Despite the recent chaos in the digital assets markets, BTC proponent Samson Mow...

Uzbekistan regulator issues licenses to two crypto firms

Uzbekistans regulatory body for the countrys crypto sector has issued licenses to two firms that plan to offer exchange services. The agency said that the decision to authorize the operations of the two companies is to...

Brazil’s Itau Unibanco to start offering crypto custody services in Q2 2023

One of Brazils largest banks, Itau Unibanco, will start offering crypto custody services next year. The new services will be handled by the banks cryptocurrency unit called Itau Digital Assets, which will be initially...

Crypto exchange Binance rules out India expansion citing taxation issues

Crypto exchange Binance does not see India as a viable location for its business. This was revealed by CEO Changpeng Zhao (CZ) who cited the countrys strict tax regime, adding that his company prefers countries where...

Australian company raises funds to expand Bitcoin mining capacity

While the collapse of crypto exchange FTX continues to grab headlines, some crypto firms remain unaffected by the turbulent climate in the space and are moving ahead with their expansion plans. For instance, Australian...

Russia and Cuba eyes the use of crypto for settlements

Russia and Cuba are now eyeing the use of crypto for cross-border payments, according to a Kremlin advisor. Both countries are looking into alternative options for international settlements since both are facing Western...

Kiyosaki says he is excited when Bitcoin hits new bottom

Most crypto investors might be worried about the price of Bitcoin (BTC) dropping but not Robert Kiyosaki. In fact, he gets excited when the cryptos price hits a new bottom. The famous author of the best-selling book...

Elon Musk remains bullish on Bitcoin and Dogecoin despite the recent crypto market downturn

While the crypto market plunged after FTXs collapse, Tesla CEO Elon Musk remains bullish on Bitcoin (BTC) and Dogecoin. Amidst the market chaos triggered by FTXs bankruptcy, Musk believes that Bitcoin will make it while...

O’Leary says crypto bottom is in after FTX’s collapse

Shark Tank star Kevin OLeary confirmed that he invested in the collapsed crypto exchange FTX. However, he views the platforms collapse as a turning point for the digital asset industry and that the crypto bottom is...

Bitcoin Cash could be legal tender in St. Kitts and Nevis by March 2023

The Caribbean nation of St. Kitts and Nevis could soon be joining the short but growing list of countries that are opting to adopt crypto as legal tender. In fact, the country may declare Bitcoin Cash (BCH)legal tender as...

Business

Binance’s Bitcoin POR statistics show 582,485 BTC on-chain reserves and a reserve ratio of 101% Sat, 26 Nov 2022, 12:57 pm UTC

The recent collapse of the crypto exchange FTX has placed the spotlight on other players in the digital assets industry who must now prove to their customers that they remain financially sound. This includes the ability of...

Bahamas authorities investigate crypto exchange FTX for criminal misconduct

Goldman Sachs launches new service designed to help investors analyze crypto markets

Crypto exchange Binance reverses decision to acquire FTX

Technology

Japan partners with three megabanks for a pilot of its digital yen in 2023 Thu, 24 Nov 2022, 08:48 am UTC

Japan is still undecided on whether or not it will issue a central bank digital currency or CBDC. However, this uncertainty has not stopped the Bank of Japan (BOJ) from experimenting with a potential digital yen. The...

Crypto exchange Deribit suspends withdrawals after BTC, ETH, and USD wallets hack

Visa and JPMorgan team up to provide more streamlined blockchain-based cross-border payments solutions

Bitcoin and Ether payments are accepted by McDonald’s outlet in Lugano, Switzerland

Investing

Bitcoin family continues to buy BTC despite losing $1M this year Wed, 06 Jul 2022, 08:10 am UTC

Even the Bitcoin family was not spared from the effects of the current crypto downturn and is down more than $1 million on their BTC investment since the cryptos all-time high of around $69,000 in November 2021. However,...

El Salvador buys the dip adding 80 Bitcoins to its stash

Bitcoin is a rare wealth creation opportunity, says Ric Edelman

Crypto exchange Binance launches a new platform targeting institutional investors and VIPs

Insights

Metaverse could add $1.4T annually to Asia’s economy driven by its younger consumers Sun, 27 Nov 2022, 09:23 am UTC

Facebook and other tech companies are busy positioning themselves to take advantage of the projected rise in the metaverse economy by investing in metaverse-related projects. A recent study predicts that the metaverse...